This desk guide includes state-by-state coverage detailing relevant information on loss mitigation tools, including: assumptions, deeds-in-lieu, forbearance agreements, loan modifications, mediation, and short sales. Introduced in 2008, and then expanded in March 2010 to include state-by-state information on mediation.
Special Note: The information in this desk guide is excerpted from the online National Mortgage Servicer's Reference Directory (NMSRD), which is continually updated. Currently, the desk guide section regarding "mediation" is the one most frequently updated. In 2016, updates affected numerous states, including: AL, CA, CO, CT, DE, GA, IA, IL, IN, UT, MN, NC, NY, WA, WI, and Puerto Rico. In 2017, updates have affected Puerto Rico.